Liability Dollarization and the Bank Balance Sheet Channel /

Banks in developing economies often face a mismatch in the currency denomination of their liabilities (foreign currency denominated debt) and assets (domestic currency loans to domestic borrowers). We study the effect of this mismatch on business cycles and monetary policy in a sticky-price, dynamic...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Cook, David
مؤلفون آخرون: Choi, Woon
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2002.
سلاسل:IMF Working Papers; Working Paper ; No. 2002/141
الوصول للمادة أونلاين:Full text available on IMF